HI Jen:
The home referenced in your link is on Via Vittorio in the upscale, gated community of Venezia in Palm Desert. I looked at what is for sale that is listed on out local MLS and there are 7 homes ranging in price from $589,900 to $975,000. None of these homes are located on Via Vittorio and none of them are bank owned. There is a short sale for $715,000.
The price quoted for this home could be one of the loan amounts, but I am sure that nothing would sell that low is this beautiful community that was built in 2004-5.
According to a title company representative I contacted, there is a foreclosed home at 74002 Via Vittorio. There was a foreclosure on a third deed of trust which was $529,000 and now there is another foreclosure on a million dollar loan or vice versa. So, there were three loans on this home over a million dollars.
If I can help you further, please contact me.
Carolyn Voet, ePRO
Committed to Excellence
Windermere Real Estate
Indian Wells
760/774-6510 (cell)
http://www.carolynvoet.mywindermere.com
MailTo:cvoet@sonic.net
- Thu Sep 18 2008, 12:08